Technical AnalysisTechnical Analysis
Technical Analysis
Trendlines in Forex Trading
1. What are Trendlines?Trendlines are straight lines that connect each successive rising bottom to show an uptrend or each consecutive declining top to indicate a downtrend. There should be 2 price...
Japanese Candlesticks in Forex Trading
1. What are Japanese Candlesticks?Japanese candlesticks is the charting technique which makes it easy to see the relationship between the opening and the closing prices for specific periods of time...
Support and Resistance in Forex Trading
1. What are Support and Resistance?Support is the price zone below the current price where price declines are likely to stop and reverse. Resistance is the prize zone above the current price where...
Forex Trends and Corrections
1. What is a Forex Trend?A forex trend is broadly defined as the direction in which a currency pair is moving. Currencies usually do not rise straight up, nor do they fall vertically down. It is more...
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Core CPI y/y
HPI y/y
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U.S. Dollar Index
What is the U.S. Dollar Index? The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you...
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